Introduced
Committee
Markup
Reported
Floor
Passed
Enacted
HR.678 119th Congress

Expression of Interest Sensibility Act

Status
In Committee
Latest Action
2025-01-23
Sponsor
Hageman, Harriet M. (R-Wyoming)
Official Source
Investability
37/100
Stage
COMMITTEE
Related Bills
0
Full Text
2,431 chars
Alive
Yes
GovGreed Synthesis ·
Expression of Interest Sensibility Act This bill limits when the Bureau of Land Management (BLM) may charge a fee for an expression of interest, which is an informal nomination to request that certain federal land be included in a lease sale for the exploration for, and development of, oil or gas. The bill requires the BLM to charge a fee to a successful bidder when the agency offers the nominated land for sale. If the land covered by an expression of interest does not receive bids during the lease sale, the BLM must charge a fee to the person that submitted the first expression of interest for the land. Thus, the BLM may not charge fees when the land is not made available for a lease sale. (Currently, the BLM charges a fee when a person submits an expression of interest in leasing land, and the fee must be paid even if the land is not offered for sale.) The bill also requires an expression of interest to remain active for a term of at least five years unless the land covered by the expression of interest is offered at a lease sale.
2025-01-23
Referred to the House Committee on Natural Resources.
2025-01-23
Introduced in House
2025-01-23
Introduced in House
119 HR 678 IH: Expression of Interest Sensibility Act U.S. House of Representatives 2025-01-23 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 678 IN THE HOUSE OF REPRESENTATIVES January 23, 2025 Ms. Hageman introduced the following bill; which was referred to the Committee on Natural Resources A BILL To amend the Mineral Leasing Act to improve the assessment of expression of interest fees, and for other purposes. 1. Short title This Act may be cited as the Expression of Interest Sensibility Act . 2. Fee for expression of interest (a) Deadline To issue lease Section 17(b)(1)(A) of the Mineral Leasing Act ( 30 U.S.C. 226(b)(1)(A) ) is amended by striking the remainder of the bonus bid, if any, and inserting , as applicable, the remainder of the bonus bid, the fee for the expression of interest under subsection (q)(2)(B), . (b) Expressions of interest Section 17(q) of the Mineral Leasing Act ( 30 U.S.C. 226(q) ) is amended— (1) in the heading, by striking Fee for ; (2) by redesignating paragraph (2) as paragraph (3); (3) by amending paragraph (1) to read as follows: (1) Submission of expression of interest A person may, in accordance with procedures established by the Secretary to carry out this subsection, submit an expression of interest in leasing land available for disposition under this section for exploration for, and development of, oil or gas. (2) Assessment of fees (A) No bid If land covered by an expression of interest submitted under paragraph (1) is offered at a lease sale and no bid is received for such land, the Secretary shall assess at the time of the sale a fee for the expression of interest against the person that submitted the first expression of interest for the land. (B) Successful bid If land covered by an expression of interest submitted under paragraph (1) receives a successful bid at a lease sale, the Secretary shall assess a fee for the expression of interest against the successful bidder. ; (4) in paragraph (3), as so redesignated, by striking paragraph (1) and inserting paragraph (2) ; and (5) by adding at the end the following: (4) Term An expression of interest submitted under this section shall remain active for a term of not less than 5 years unless the land covered by the expression of interest is offered at a lease sale. .
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